Jaihind Projects wins order worth Rs10.1 crore

Jaihind Projects Ltd said it won an order worth Rs10.1 crore from Indian Oil Corporation Ltd's pipeline division.

The company would carry out combined station works under Chennai-Bangalore Pipeline Augmentation Project, it said in a statement.

On Friday, Jaihind Projects shares gained 3.6% to Rs304 on the Bombay Stock Exchange, while the benchmark Sensex ended 0.5% up to 18,167 points.

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Liberty Shoes net profit rises to Rs2.4 crore in Q1

Liberty Shoes Ltd said its net profit for the first quarter stood at Rs2.4 crore as compared to Rs1.4 crore for the same quarter last fiscal.

In the June 2010 quarter, the company's total revenues increased to Rs63.9 crore from Rs59.8 crore, while its net sales increased to Rs63.6 crore from Rs59.6 crore, said the company in a filing to Bombay Stock Exchange (BSE).

On Friday, Liberty Shoes shares ended flat at Rs105 on the BSE, while the benchmark Sensex closed 0.5% up to 18,167 points.

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Valecha Engineering Q1 net profit tumbles to Rs5.6 crore

Mumbai-based Valecha Engineering Ltd said its net profit for the first quarter declined to Rs5.6 crore, a fall of almost three fold, from Rs16.6 crore.

In the June 2010 quarter, its net sales jumped 20.2% to Rs175.5 crore from Rs146 crore, said the company in a regulatory filing.

On Friday, Valecha Engineering shares closed 2% up to Rs184 on the Bombay Stock Exchange, while the benchmark Sensex ended 0.5% up to 18,167 points.
 

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